Form 4 out on LTNC
Statement of Changes in Beneficial Ownership (4)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Schadel Christopher Ryan 2. Issuer Name and Ticker or Trading Symbol
Labor Smart, Inc. [ LTNC ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director __ X __ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
5604 WENDY BAGWELL PARKWAY 3. Date of Earliest Transaction (MM/DD/YYYY)
10/17/2013
(Street)
HIRAM, GA 30141
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/17/2013 P 10000 A $0.22 15081800 D (1)
Common Stock 10/17/2013 P 7500 A $0.22 15089300 D (2)
Common Stock 10/17/2013 P 8000 A $0.225 15097300 D (3)
Common Stock 10/17/2013 P 13500 A $0.2288 15110800 D (4)
Common Stock 10/17/2013 P 14000 A $0.2288 15124800 D (5)
Common Stock 10/17/2013 P 2500 A $0.23 15127300 D (6)
Common Stock 10/17/2013 P 2500 A $0.23 15129800 D (7)
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
( 1) 15,031,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 2) 15,039,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 3) 15,047,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 4) 15,060,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 5) 15,074,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 6) 15,077,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 7) 15,079,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Schadel Christopher Ryan
5604 WENDY BAGWELL PARKWAY
HIRAM, GA 30141 X X President and CEO
Signatures
/s/ Ryan Schadel 10/18/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Statement of Changes in Beneficial Ownership (4)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Schadel Christopher Ryan 2. Issuer Name and Ticker or Trading Symbol
Labor Smart, Inc. [ LTNC ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director __ X __ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
5604 WENDY BAGWELL PARKWAY 3. Date of Earliest Transaction (MM/DD/YYYY)
10/17/2013
(Street)
HIRAM, GA 30141
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/17/2013 P 10000 A $0.22 15081800 D (1)
Common Stock 10/17/2013 P 7500 A $0.22 15089300 D (2)
Common Stock 10/17/2013 P 8000 A $0.225 15097300 D (3)
Common Stock 10/17/2013 P 13500 A $0.2288 15110800 D (4)
Common Stock 10/17/2013 P 14000 A $0.2288 15124800 D (5)
Common Stock 10/17/2013 P 2500 A $0.23 15127300 D (6)
Common Stock 10/17/2013 P 2500 A $0.23 15129800 D (7)
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
( 1) 15,031,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 2) 15,039,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 3) 15,047,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 4) 15,060,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 5) 15,074,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 6) 15,077,300 shares are owned directly and 50,000 shares are owned indirectly through spouse.
( 7) 15,079,800 shares are owned directly and 50,000 shares are owned indirectly through spouse.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Schadel Christopher Ryan
5604 WENDY BAGWELL PARKWAY
HIRAM, GA 30141 X X President and CEO
Signatures
/s/ Ryan Schadel 10/18/2013
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
